The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.
Water Island Credit Opportunities I ACFIX
- NAV / 1-Day Return 9.66 / +0.15 %
- Total Assets 142.8 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.060%
- Distribution Fee Level Above Average
- Share Class Type Institutional
- Category Nontraditional Bond
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 100,000
- Status Open
- TTM Yield 4.86%
- Effective Duration —
USD | NAV as of Mar 28, 2024 | 1-Day Return as of Mar 28, 2024, 11:22 PM GMT+0
Morningstar’s Analysis ACFIX
Will ACFIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 30.7
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
ABE Investment Holdings Inc./Getty Images Inc 9.75% | 4.41 | 5.5 Mil | Corporate |
PDC Energy, Inc. 5.75% | 4.13 | 5.2 Mil | Corporate |
Ssc Government Mm Gvmxx | 3.89 | 4.9 Mil | Cash and Equivalents |
Morgan Stanley Govt Port 8302 Morgan Stanley Govt Port 8302 | 3.89 | 4.9 Mil | Cash and Equivalents |
American Tower Corporation 5% | 3.83 | 4.8 Mil | Cash and Equivalents |
SeaWorld Parks & Entertainment Inc 8.75% | 3.24 | 4.0 Mil | Corporate |
Caesars Entertainment Inc New 6.25% | 3.23 | 4.0 Mil | Corporate |
Triton Container International Ltd. 1.15% | 3.12 | 3.9 Mil | Corporate |
Splunk Inc 1.125% | 2.98 | 3.7 Mil | Corporate |
Chobani LLC / Chobani Finance Corporation Inc 7.5% | 2.81 | 3.5 Mil | Corporate |